ECONOMICS
FOREIGN CURRENCY MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the US dollar, the Euro, the Japanese yen, the pound sterling, the Swiss franc, the Australian dollar, and the Canadian dollar.
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the US dollar, the Euro, the Japanese yen, the pound sterling, the French franc, the Australian dollar, and the Canadian dollar.
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the US dollar, the Euro, the Japanese yen, the pound sterling, the Swiss franc, the Hongkong dollar, and the Canadian dollar.
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None of the above
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Detailed explanation-1: -The major currencies and their designation in the foreign exchange market are the US dollar (USD), Euro (EUR), Japanese yen (JPY), British pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and the Swiss franc (CHF).
Detailed explanation-2: -The U.S. dollar is the world’s dominant reserve currency, among other such currencies including the euro, the yen, the pound, the renminbi (RMB), the Canadian dollar, the Swiss franc, and the Australian dollar.
Detailed explanation-3: -U.S. Dollar (USD) European Euro (EUR) Japanese Yen (JPY). British Pound (GBP) Swiss Franc (CHF) Canadian Dollar (CAD) Australian/New Zealand Dollar (AUD/NZD) South African Rand (ZAR) More items
Detailed explanation-4: -US dollar (USD) Euro (EUR) Japanese yen (JPY) Pound sterling (GBP) Australian dollar (AUD) Canadian dollar (CAD) Swiss franc (CHF) Chinese renminbi (CNH) More items